메뉴 건너뛰기




Volumn 38, Issue 1-2, 2011, Pages 1-33

Capital allocation and timely accounting recognition of economic losses

Author keywords

Accounting; Governance; Investment; Timely Loss Recognition

Indexed keywords


EID: 79952597709     PISSN: 0306686X     EISSN: 14685957     Source Type: Journal    
DOI: 10.1111/j.1468-5957.2010.02231.x     Document Type: Article
Times cited : (203)

References (84)
  • 1
    • 0001320055 scopus 로고
    • A Unified Model of Investment Under Uncertainty
    • Abel, A. B. and J. C. Eberly (1994), 'A Unified Model of Investment Under Uncertainty', American Economic Review, Vol. 84, pp. 1369-84.
    • (1994) American Economic Review , vol.84 , pp. 1369-1384
    • Abel, A.B.1    Eberly, J.C.2
  • 2
    • 0038876838 scopus 로고    scopus 로고
    • Optimal Investment with Costly Reversibility
    • Abel, A. B. and J. C. Eberly (1996), 'Optimal Investment with Costly Reversibility', Review of Economic Studies, Vol. 63, pp. 581-93.
    • (1996) Review of Economic Studies , vol.63 , pp. 581-593
    • Abel, A.B.1    Eberly, J.C.2
  • 3
    • 79952613939 scopus 로고    scopus 로고
    • Investment andqwith Fixed Costs: An Empirical Analysis', Working Paper (Northwestern University, Kellogg School of Management).
    • Abel, A. B. and J. C. Eberly (2002), 'Investment andqwith Fixed Costs: An Empirical Analysis', Working Paper (Northwestern University, Kellogg School of Management).
    • (2002)
    • Abel, A.B.1    Eberly, J.C.2
  • 5
    • 34249071402 scopus 로고    scopus 로고
    • Accounting Conservatism and Board of Director Characteristics: An Empirical Analysis
    • Ahmed, A.S. and S. Duellman (2007), 'Accounting Conservatism and Board of Director Characteristics: An Empirical Analysis', Journal of Accounting and Economics, Vol. 43, pp. 411-37.
    • (2007) Journal of Accounting and Economics , vol.43 , pp. 411-437
    • Ahmed, A.S.1    Duellman, S.2
  • 6
    • 33645064837 scopus 로고    scopus 로고
    • Empirical Evidence on Capital Investment, Growth Options, and Security Returns
    • Anderson, C. and L. Garcia-Feijóo (2006), 'Empirical Evidence on Capital Investment, Growth Options, and Security Returns', Journal of Finance, Vol. 61, No. 1, pp. 171-94.
    • (2006) Journal of Finance , vol.61 , Issue.1 , pp. 171-194
    • Anderson, C.1    Garcia-Feijóo, L.2
  • 7
    • 0005738267 scopus 로고    scopus 로고
    • Infrastructure Requirements for an Economically Efficient System of Public Financial Reporting and Disclosure
    • in R. Litan and R. Herring (eds.), Washington, DC: Brookings Institution Press
    • Ball, R. (2001), 'Infrastructure Requirements for an Economically Efficient System of Public Financial Reporting and Disclosure', in R. Litan and R. Herring (eds.), Brookings-Wharton Papers on Financial Services ( Washington, DC: Brookings Institution Press), pp. 127-83.
    • (2001) Brookings-Wharton Papers on Financial Services , pp. 127-183
    • Ball, R.1
  • 9
    • 46049091405 scopus 로고    scopus 로고
    • Earnings Quality at Initial Public Offerings
    • Ball, R. and L. Shivakumar (2008), 'Earnings Quality at Initial Public Offerings', Journal of Accounting and Economics, Vol. 45, Nos. 2/3, pp. 324-49.
    • (2008) Journal of Accounting and Economics , vol.45 , Issue.2-3 , pp. 324-349
    • Ball, R.1    Shivakumar, L.2
  • 10
    • 0042780791 scopus 로고    scopus 로고
    • The Effect of International Institutional Factors on Properties of Accounting Earnings
    • Ball, R., S.P. Kothari and A. Robin (2000), 'The Effect of International Institutional Factors on Properties of Accounting Earnings', Journal of Accounting and Economics, Vol. 29, No. 1, pp. 1-51.
    • (2000) Journal of Accounting and Economics , vol.29 , Issue.1 , pp. 1-51
    • Ball, R.1    Kothari, S.P.2    Robin, A.3
  • 11
    • 44449105109 scopus 로고    scopus 로고
    • Is Financial Reporting Shaped by Equity Markets or Debt Markets? An International Study of Timeliness and Conservatism
    • Ball, R., A. Robin and G. Sadka (2008), 'Is Financial Reporting Shaped by Equity Markets or Debt Markets? An International Study of Timeliness and Conservatism', Review of Accounting Studies, Vol. 13, Nos. 2/3, pp. 168-205.
    • (2008) Review of Accounting Studies , vol.13 , Issue.2-3 , pp. 168-205
    • Ball, R.1    Robin, A.2    Sadka, G.3
  • 12
    • 0041790655 scopus 로고    scopus 로고
    • Incentives versus Standards: Properties of Accounting Income in Four East Asia Countries
    • Ball, R., A. Robin and J. Wu (2003), 'Incentives versus Standards: Properties of Accounting Income in Four East Asia Countries', Journal of Accounting and Economics, Vol. 36, Nos. 1-3, pp. 235-70.
    • (2003) Journal of Accounting and Economics , vol.36 , Issue.1-3 , pp. 235-270
    • Ball, R.1    Robin, A.2    Wu, J.3
  • 13
    • 0000200161 scopus 로고    scopus 로고
    • Non-linear Response of Firm Investment to Q: Testing a Model of Convex and Non-Convex Adjustment Costs
    • Barnett, S. and P. Sakellaris (1998), 'Non-linear Response of Firm Investment to Q: Testing a Model of Convex and Non-Convex Adjustment Costs', Journal of Monetary Economics, Vol. 42, No. 2, pp. 261-88.
    • (1998) Journal of Monetary Economics , vol.42 , Issue.2 , pp. 261-288
    • Barnett, S.1    Sakellaris, P.2
  • 14
    • 0000196911 scopus 로고
    • The Stock Market and Investment
    • Barro, R. (1990), 'The Stock Market and Investment', Review of Financial Studies, Vol. 3, pp. 115-31.
    • (1990) Review of Financial Studies , vol.3 , pp. 115-131
    • Barro, R.1
  • 15
    • 0031498138 scopus 로고    scopus 로고
    • The Conservatism Principle and the Asymmetric Timeliness of Earnings
    • (December)
    • Basu, S. (1997), 'The Conservatism Principle and the Asymmetric Timeliness of Earnings', Journal of Accounting and Economics, Vol. 24, No. 3 (December), pp. 3-37.
    • (1997) Journal of Accounting and Economics , vol.24 , Issue.3 , pp. 3-37
    • Basu, S.1
  • 17
    • 0034465125 scopus 로고    scopus 로고
    • A New Database on Financial Development and Structure
    • Beck, T., A. Demirgüç-Kunt and R. Levine (2000), 'A New Database on Financial Development and Structure', World Bank Economic Review, Vol. 14, pp. 597-605.
    • (2000) World Bank Economic Review , vol.14 , pp. 597-605
    • Beck, T.1    Demirgüç-Kunt, A.2    Levine, R.3
  • 18
    • 37049011584 scopus 로고    scopus 로고
    • Accounting Quality and Firm-level Capital Investment
    • Biddle, G. and G. Hilary (2006), 'Accounting Quality and Firm-level Capital Investment', The Accounting Review, Vol. 81, No. 5, pp. 963-82.
    • (2006) The Accounting Review , vol.81 , Issue.5 , pp. 963-982
    • Biddle, G.1    Hilary, G.2
  • 19
    • 70350404649 scopus 로고    scopus 로고
    • How Does Financial Reporting Quality Relate to Investment Efficiency
    • Biddle, G. and R. Verdi (2009), 'How Does Financial Reporting Quality Relate to Investment Efficiency?', Journal of Accounting and Economics, Vol. 48, No. 1, pp. 112-31.
    • (2009) Journal of Accounting and Economics , vol.48 , Issue.1 , pp. 112-131
    • Biddle, G.1    Verdi, R.2
  • 21
    • 0000108966 scopus 로고    scopus 로고
    • Financial Accounting Information and Corporate Governance
    • Bushman, R. and A. Smith (2001), 'Financial Accounting Information and Corporate Governance', Journal of Accounting and Economics, Vol. 31, pp. 237-33.
    • (2001) Journal of Accounting and Economics , vol.31 , pp. 237-233
    • Bushman, R.1    Smith, A.2
  • 22
    • 33746890902 scopus 로고    scopus 로고
    • Financial Reporting Incentives for Conservative Accounting: The Influence of Legal and Political Institutions
    • Bushman, R. and J. Piotroski (2006), 'Financial Reporting Incentives for Conservative Accounting: The Influence of Legal and Political Institutions', Journal of Accounting and Economics, Vol. 42, Nos. 1/2, pp. 107-48.
    • (2006) Journal of Accounting and Economics , vol.42 , Issue.1-2 , pp. 107-148
    • Bushman, R.1    Piotroski, J.2
  • 24
    • 0033130408 scopus 로고    scopus 로고
    • The Econometrics and Behavioral Economics of Escalation to Commitment in NBA Draft Choices
    • Camerer, C. and R. Weber (1999), 'The Econometrics and Behavioral Economics of Escalation to Commitment in NBA Draft Choices, ' Journal of Economic Behavior and Organization, Vol. 39, pp. 59-82.
    • (1999) Journal of Economic Behavior and Organization , vol.39 , pp. 59-82
    • Camerer, C.1    Weber, R.2
  • 26
    • 47749120440 scopus 로고
    • Financial Intermediation and Delegated Monitoring
    • July)
    • Diamond, D. (1984), 'Financial Intermediation and Delegated Monitoring', Review of Economic Studies (July), pp. 393-414.
    • (1984) Review of Economic Studies , pp. 393-414
    • Diamond, D.1
  • 27
    • 33947422528 scopus 로고    scopus 로고
    • Asymmetric Timeliness Tests of Accounting Conservatism
    • Dietrich, J.R., K. Muller and E. Riedl (2007), 'Asymmetric Timeliness Tests of Accounting Conservatism', Review of Accounting Studies, Vol. 12, No. 1, pp. 95-124.
    • (2007) Review of Accounting Studies , vol.12 , Issue.1 , pp. 95-124
    • Dietrich, J.R.1    Muller, K.2    Riedl, E.3
  • 28
    • 0001123061 scopus 로고
    • Investment and Hysteresis
    • (Winter)
    • Dixit, A. (1992), 'Investment and Hysteresis', The Journal of Economic Perspectives, Vol. 6, No. 1 (Winter), pp. 107-32.
    • (1992) The Journal of Economic Perspectives , vol.6 , Issue.1 , pp. 107-132
    • Dixit, A.1
  • 31
    • 0346898286 scopus 로고    scopus 로고
    • Does Greater Firm-specific Return Variation Mean More or Less Informed Stock Pricing
    • Durnev, A., R. Morck, B. Yeung and P. Zarowin (2003), 'Does Greater Firm-specific Return Variation Mean More or Less Informed Stock Pricing?', Journal of Accounting Research, Vol. 41, No. 5, pp. 797-836.
    • (2003) Journal of Accounting Research , vol.41 , Issue.5 , pp. 797-836
    • Durnev, A.1    Morck, R.2    Yeung, B.3    Zarowin, P.4
  • 32
    • 0006600768 scopus 로고    scopus 로고
    • International Evidence on Investment and Fundamentals
    • Eberly, J. C. (1997), 'International Evidence on Investment and Fundamentals', European Economic Review, Vol. 41, pp. 1055-78.
    • (1997) European Economic Review , vol.41 , pp. 1055-1078
    • Eberly, J.C.1
  • 33
    • 33749009107 scopus 로고
    • Stock Returns, Real Activity, Inflation, and Money
    • Fama, E. F. (1981), 'Stock Returns, Real Activity, Inflation, and Money', American Economic Review, Vol. 71, pp. 545-65.
    • (1981) American Economic Review , vol.71 , pp. 545-565
    • Fama, E.F.1
  • 34
    • 84993845943 scopus 로고
    • Size and Book-to-market Factors in Earnings and Returns
    • Fama, E. F. and K. French (1995), 'Size and Book-to-market Factors in Earnings and Returns', Journal of Finance, Vol. 50, No. 1, pp. 131-55.
    • (1995) Journal of Finance , vol.50 , Issue.1 , pp. 131-155
    • Fama, E.F.1    French, K.2
  • 35
  • 36
    • 33751011316 scopus 로고    scopus 로고
    • Profitability, Investment, and Average Returns
    • Fama, E. F. and K. French (2006), 'Profitability, Investment, and Average Returns', Journal of Financial Economics, Vol. 82, No. 3, pp. 491-518.
    • (2006) Journal of Financial Economics , vol.82 , Issue.3 , pp. 491-518
    • Fama, E.F.1    French, K.2
  • 37
    • 73949118580 scopus 로고    scopus 로고
    • Acquisition Profitability and Timely Loss Recognition
    • Francis, J. and X. Martin (2010), 'Acquisition Profitability and Timely Loss Recognition', Journal of Accounting and Economics, Vol. 49, pp. 161-78.
    • (2010) Journal of Accounting and Economics , vol.49 , pp. 161-178
    • Francis, J.1    Martin, X.2
  • 38
    • 68149110039 scopus 로고    scopus 로고
    • Does Corporate Transparency Contribute to Efficient Resource Allocation
    • (September)
    • Francis, J., S. Huang, I. Khurana and R. Pereira (2009), 'Does Corporate Transparency Contribute to Efficient Resource Allocation?', Journal of Accounting Research, Vol. 47, No. 4 (September), pp. 943-89.
    • (2009) Journal of Accounting Research , vol.47 , Issue.4 , pp. 943-989
    • Francis, J.1    Huang, S.2    Khurana, I.3    Pereira, R.4
  • 39
    • 77951591958 scopus 로고    scopus 로고
    • On the Asymmetric Recognition of Good and Bad News in France, Germany and the United Kingdom
    • Giner, B. and W. Rees (2001), 'On the Asymmetric Recognition of Good and Bad News in France, Germany and the United Kingdom', Journal of Business Finance & Accounting, Vol. 28, pp. 1285-331.
    • (2001) Journal of Business Finance & Accounting , vol.28 , pp. 1285-1331
    • Giner, B.1    Rees, W.2
  • 40
    • 0010152067 scopus 로고
    • Deprival Value Accounting Rates of Return
    • Grinyer, J.R. and M. Walker (1990), 'Deprival Value Accounting Rates of Return', Economic Journal, Vol. 100, No. 3, pp. 918-22.
    • (1990) Economic Journal , vol.100 , Issue.3 , pp. 918-922
    • Grinyer, J.R.1    Walker, M.2
  • 41
    • 79952579606 scopus 로고    scopus 로고
    • Investor Protection, Ownership, and Investment', World Bank Policy Working Paper 2834.
    • Himmelberg, C., G. Hubbard and I. Love (2002), 'Investor Protection, Ownership, and Investment', World Bank Policy Working Paper 2834.
    • (2002)
    • Himmelberg, C.1    Hubbard, G.2    Love, I.3
  • 42
    • 0000139691 scopus 로고
    • Moral Hazard and Observability
    • Holmstrom, B. (1979), 'Moral Hazard and Observability', Bell Journal of Economics, Vol. 10, pp. 74-91.
    • (1979) Bell Journal of Economics , vol.10 , pp. 74-91
    • Holmstrom, B.1
  • 43
    • 0000180018 scopus 로고    scopus 로고
    • Capital-market Imperfections and Investment
    • Hubbard, G. (1998), 'Capital-market Imperfections and Investment', Journal of Economic Literature, Vol. 36, pp. 193-225.
    • (1998) Journal of Economic Literature , vol.36 , pp. 193-225
    • Hubbard, G.1
  • 44
    • 70449331241 scopus 로고    scopus 로고
    • Earnings Conservatism and Value Relevance Across the Business Cycle
    • Jenkins, D. S., G. D. Kane and U. Velury (2009), 'Earnings Conservatism and Value Relevance Across the Business Cycle', Journal of Business Finance & Accounting, Vol. 36, pp. 1041-58.
    • (2009) Journal of Business Finance & Accounting , vol.36 , pp. 1041-1058
    • Jenkins, D.S.1    Kane, G.D.2    Velury, U.3
  • 45
    • 0001066475 scopus 로고
    • Agency Cost of Free Cash Flow, Corporate Finance, and Takeovers
    • Jensen, M.C. (1986), 'Agency Cost of Free Cash Flow, Corporate Finance, and Takeovers', American Economic Review, Vol. 76, No. 2, pp. 323-29.
    • (1986) American Economic Review , vol.76 , Issue.2 , pp. 323-329
    • Jensen, M.C.1
  • 46
    • 79952587718 scopus 로고    scopus 로고
    • Self Interest, Altruism, Incentives, and Agency Theory', Michael C. Jensen,Foundations of Organizational Strategy(Harvard University Press); alsoJournal of Applied Corporate Finance.
    • Jensen, M.C. (1998), 'Self Interest, Altruism, Incentives, and Agency Theory', Michael C. Jensen, Foundations of Organizational Strategy(Harvard University Press); alsoJournal of Applied Corporate Finance.
    • (1998)
    • Jensen, M.C.1
  • 47
    • 44649197264 scopus 로고
    • Theory of the Firm: Managerial Behavior, Agency Costs, and Capital Structure
    • Jensen, M.C. and W. Meckling (1976), 'Theory of the Firm: Managerial Behavior, Agency Costs, and Capital Structure', Journal of Financial Economics, Vol. 3, pp. 305-60.
    • (1976) Journal of Financial Economics , vol.3 , pp. 305-360
    • Jensen, M.C.1    Meckling, W.2
  • 48
    • 0002861826 scopus 로고
    • Escalation Errors and the Sunk Cost Effect: An Explanation Based on Reputation and Information Asymmetries
    • Kanodia, C., R. Bushman and J. Dickhaut (1989), 'Escalation Errors and the Sunk Cost Effect: An Explanation Based on Reputation and Information Asymmetries', Journal of Accounting Research, Vol. 27, No. 1, pp. 59-77.
    • (1989) Journal of Accounting Research , vol.27 , Issue.1 , pp. 59-77
    • Kanodia, C.1    Bushman, R.2    Dickhaut, J.3
  • 49
    • 84935939881 scopus 로고
    • On the Application of Accounting Rates of Return
    • Kay, J.A. and C.P. Mayer (1986), 'On the Application of Accounting Rates of Return', Economic Journal, Vol. 96, No. 1, pp. 199-207.
    • (1986) Economic Journal , vol.96 , Issue.1 , pp. 199-207
    • Kay, J.A.1    Mayer, C.P.2
  • 50
    • 78649906354 scopus 로고    scopus 로고
    • Implications for GAAP from an Analysis of Positive Research in Accounting
    • forthcoming).
    • Kothari, S.P., K. Ramanna and D. Skinner (2010), 'Implications for GAAP from an Analysis of Positive Research in Accounting', Journal of Accounting and Economics (forthcoming).
    • (2010) Journal of Accounting and Economics
    • Kothari, S.P.1    Ramanna, K.2    Skinner, D.3
  • 51
    • 38349053804 scopus 로고    scopus 로고
    • Managerial Ownership and Accounting Conservatism
    • LaFond, R. and S. Roychowdhury (2008), 'Managerial Ownership and Accounting Conservatism', Journal of Accounting Research, Vol. 46, pp. 101-35.
    • (2008) Journal of Accounting Research , vol.46 , pp. 101-135
    • LaFond, R.1    Roychowdhury, S.2
  • 52
    • 41949100856 scopus 로고    scopus 로고
    • The Information Role of Conservative Financial Statements
    • LaFond, R. and R. Watts (2008), 'The Information Role of Conservative Financial Statements', The Accounting Review, Vol. 83, pp. 447-79.
    • (2008) The Accounting Review , vol.83 , pp. 447-479
    • LaFond, R.1    Watts, R.2
  • 53
    • 0039179709 scopus 로고    scopus 로고
    • Investment Plans and Stock Returns
    • Lamont, O. (2000), 'Investment Plans and Stock Returns', Journal of Finance, Vol. 55, No. 6, pp. 2719-48.
    • (2000) Journal of Finance , vol.55 , Issue.6 , pp. 2719-2748
    • Lamont, O.1
  • 54
    • 0029693533 scopus 로고    scopus 로고
    • Leverage, Investment and Firm Growth
    • Lang, L., E. Ofek and R. Stulz (1996), 'Leverage, Investment and Firm Growth', Journal of Financial Economics', Vol. 40, No. 1, pp. 3-30.
    • (1996) Journal of Financial Economics , vol.40 , Issue.1 , pp. 3-30
    • Lang, L.1    Ofek, E.2    Stulz, R.3
  • 57
    • 27844549868 scopus 로고    scopus 로고
    • The Effect of Earnings Management on the Asymmetric Timeliness of Earnings
    • Lara, J. M. G., B. G. Osma and A. Mora (2005), 'The Effect of Earnings Management on the Asymmetric Timeliness of Earnings', Journal of Business Finance & Accounting, Vol. 32, pp.691-726.
    • (2005) Journal of Business Finance & Accounting , vol.32 , pp. 691-726
    • Lara, J.M.G.1    Osma, B.G.2    Mora, A.3
  • 59
    • 0042012826 scopus 로고    scopus 로고
    • Earnings Management and Institutional Factors: An International Comparison
    • Leuz, C., D.J. Nanda and P. Wysocki (2003), 'Earnings Management and Institutional Factors: An International Comparison', Journal of Financial Economics, Vol. 69, pp. 505-27.
    • (2003) Journal of Financial Economics , vol.69 , pp. 505-527
    • Leuz, C.1    Nanda, D.J.2    Wysocki, P.3
  • 60
    • 0000329790 scopus 로고    scopus 로고
    • Financial Development and Economic Growth: Views and Agenda
    • Levine, R. (1997), 'Financial Development and Economic Growth: Views and Agenda', Journal of Economic Literature, Vol. 35, No. 2, pp. 688-726.
    • (1997) Journal of Economic Literature , vol.35 , Issue.2 , pp. 688-726
    • Levine, R.1
  • 61
    • 0026959873 scopus 로고
    • A Sensitivity Analysis of Cross-country Growth Regressions
    • Levine, R. and D. Renelt (1992), 'A Sensitivity Analysis of Cross-country Growth Regressions', American Economic Review, Vol. 82, No. 4, pp. 942-63.
    • (1992) American Economic Review , vol.82 , Issue.4 , pp. 942-963
    • Levine, R.1    Renelt, D.2
  • 62
    • 0001073064 scopus 로고
    • What We Have Learned About Policy and Growth From Cross-country Regressions
    • Levine, R. and S. Zervos (1993), 'What We Have Learned About Policy and Growth From Cross-country Regressions?', American Economic Review, Vol. 83, No. 2, pp. 426-43.
    • (1993) American Economic Review , vol.83 , Issue.2 , pp. 426-443
    • Levine, R.1    Zervos, S.2
  • 63
    • 0012813351 scopus 로고    scopus 로고
    • Financial Development and Financing Constraints: International Evidence from the Structural Investment Model
    • Love, I. (2003), 'Financial Development and Financing Constraints: International Evidence from the Structural Investment Model', Review of Financial Studies, Vol. 16, No. 3, pp. 765-91.
    • (2003) Review of Financial Studies , vol.16 , Issue.3 , pp. 765-791
    • Love, I.1
  • 65
    • 0001373089 scopus 로고    scopus 로고
    • The Information Content of Stock Markets: Why Do Emerging Markets have Synchronous Stock Prices
    • Morck, R., B. Yeung and W. Yu (2000), 'The Information Content of Stock Markets: Why Do Emerging Markets have Synchronous Stock Prices?', Journal of Financial Economics, Vol. 58, pp. 215-60.
    • (2000) Journal of Financial Economics , vol.58 , pp. 215-260
    • Morck, R.1    Yeung, B.2    Yu, W.3
  • 66
    • 49449125071 scopus 로고
    • Determinants of Corporate Borrowing
    • Myers, S. (1977), 'Determinants of Corporate Borrowing', Journal of Financial Economics, Vol. 5, pp. 147-76.
    • (1977) Journal of Financial Economics , vol.5 , pp. 147-176
    • Myers, S.1
  • 67
    • 84892702170 scopus 로고    scopus 로고
    • Estimating Standard Errors in Finance Pooled Data Sets: Comparing Approaches
    • Petersen, M. (2009), 'Estimating Standard Errors in Finance Pooled Data Sets: Comparing Approaches', Review of Financial Studies, Vol. 22, No. 1, pp. 435-80.
    • (2009) Review of Financial Studies , vol.22 , Issue.1 , pp. 435-480
    • Petersen, M.1
  • 68
    • 20144365034 scopus 로고    scopus 로고
    • International Differences in the Timeliness, Conservatism, and Classification of Earnings
    • Pope, P.F. and M. Walker (1999), ' International Differences in the Timeliness, Conservatism, and Classification of Earnings', Journal of Accounting Research, Vol. 37, pp. 53-87.
    • (1999) Journal of Accounting Research , vol.37 , pp. 53-87
    • Pope, P.F.1    Walker, M.2
  • 69
    • 0001051586 scopus 로고    scopus 로고
    • Financial Dependence and Growth
    • Rajan, R. and L. Zingales (1998), 'Financial Dependence and Growth, ' American Economic Review, Vol. 88, pp. 559-86.
    • (1998) American Economic Review , vol.88 , pp. 559-586
    • Rajan, R.1    Zingales, L.2
  • 70
    • 27844574993 scopus 로고    scopus 로고
    • The Timeliness of Income Recognition by European Companies: An Analysis of Institutional and Market Complexity
    • Raonic, I., S. McLeay and I. Asimakopoulos (2004), 'The Timeliness of Income Recognition by European Companies: An Analysis of Institutional and Market Complexity', Journal of Business Finance & Accounting, Vol. 31, pp. 115-48.
    • (2004) Journal of Business Finance & Accounting , vol.31 , pp. 115-148
    • Raonic, I.1    McLeay, S.2    Asimakopoulos, I.3
  • 71
    • 0001185343 scopus 로고    scopus 로고
    • Investment Decisions and Managerial Performance Evaluation
    • Reichelstein, S. (1997), 'Investment Decisions and Managerial Performance Evaluation', Review of Accounting Studies, Vol. 2, pp. 157-80.
    • (1997) Review of Accounting Studies , vol.2 , pp. 157-180
    • Reichelstein, S.1
  • 72
    • 0001764317 scopus 로고    scopus 로고
    • Inter-Temporal Cost Allocation and Managerial Investment Incentives
    • Rogerson, W.P. (1997), 'Inter-Temporal Cost Allocation and Managerial Investment Incentives', Journal of Political Economy, Vol. 105, No. 4, pp. 770-95.
    • (1997) Journal of Political Economy , vol.105 , Issue.4 , pp. 770-795
    • Rogerson, W.P.1
  • 73
    • 74249115599 scopus 로고    scopus 로고
    • Discussion of: "Acquisition Profitability and Timely Loss Recognition" by J. Francis and X. Martin
    • Roychowdhury, S. (2010), 'Discussion of: "Acquisition Profitability and Timely Loss Recognition" by J. Francis and X. Martin', Journal of Accounting and Economics, Vol. 49, pp. 179-83.
    • (2010) Journal of Accounting and Economics , vol.49 , pp. 179-183
    • Roychowdhury, S.1
  • 74
    • 34547128361 scopus 로고    scopus 로고
    • Asymmetric Timeliness of Earnings, Market-to-book and Conservatism in Financial Reporting
    • Roychowdhury, S. and R.L. Watts (2007), 'Asymmetric Timeliness of Earnings, Market-to-book and Conservatism in Financial Reporting', Journal of Accounting and Economics, Vol. 44, pp. 2-31.
    • (2007) Journal of Accounting and Economics , vol.44 , pp. 2-31
    • Roychowdhury, S.1    Watts, R.L.2
  • 75
    • 84978569753 scopus 로고
    • Profit Measurement in Divisionalized Companies
    • Scapens, R. W. (1979), 'Profit Measurement in Divisionalized Companies', Journal of Business Finance & Accounting', Vol. 6, pp. 281-305.
    • (1979) Journal of Business Finance & Accounting , vol.6 , pp. 281-305
    • Scapens, R.W.1
  • 76
    • 77956790693 scopus 로고    scopus 로고
    • Managerial Ownership and Accounting Conservatism in Japan: A Test of Management Entrenchment Effect
    • Shuto, A. and T. Takada (2010), 'Managerial Ownership and Accounting Conservatism in Japan: A Test of Management Entrenchment Effect', Journal of Business Finance & Accounting, Vol. 37, pp. 815-40.
    • (2010) Journal of Business Finance & Accounting , vol.37 , pp. 815-840
    • Shuto, A.1    Takada, T.2
  • 77
    • 0002013055 scopus 로고
    • Competitive and Optimal Responses to Signals: An Analysis of Efficiency and Distribution
    • Spence, A. M. (1974), 'Competitive and Optimal Responses to Signals: An Analysis of Efficiency and Distribution', Journal of Economic Theory, Vol. 7, pp. 296-332.
    • (1974) Journal of Economic Theory , vol.7 , pp. 296-332
    • Spence, A.M.1
  • 78
    • 0010784441 scopus 로고    scopus 로고
    • Real Options, (Dis)Investment Decision-Making and Accounting Measures of Performance
    • Stark, A. W. (2000), 'Real Options, (Dis)Investment Decision-Making and Accounting Measures of Performance, ' Journal of Business Finance & Accounting, Vol. 27, pp. 313-31.
    • (2000) Journal of Business Finance & Accounting , vol.27 , pp. 313-331
    • Stark, A.W.1
  • 79
    • 0000815341 scopus 로고
    • The Escalation of Commitment to a Course of Action
    • Staw, B. M. (1981), 'The Escalation of Commitment to a Course of Action', Academy of Management Review, Vol. 6, No. 4, pp. 577-87.
    • (1981) Academy of Management Review , vol.6 , Issue.4 , pp. 577-587
    • Staw, B.M.1
  • 80
    • 0742311560 scopus 로고    scopus 로고
    • Conservatism in Accounting Part i: Explanations and Implications
    • Watts, R. (2003), 'Conservatism in Accounting Part i: Explanations and Implications', Accounting Horizons, Vol. 17, No. 3, pp. 207-21.
    • (2003) Accounting Horizons , vol.17 , Issue.3 , pp. 207-221
    • Watts, R.1
  • 82
    • 56249124205 scopus 로고    scopus 로고
    • The Role of Information Asymmetry and Financial Reporting Quality in Debt Trading: Evidence from the Secondary Loan Market
    • Wittenberg-Moerman, R. (2008), 'The Role of Information Asymmetry and Financial Reporting Quality in Debt Trading: Evidence from the Secondary Loan Market', Journal of Accounting and Economics, Vol. 46, Nos. 2/3, pp. 240-60.
    • (2008) Journal of Accounting and Economics , vol.46 , Issue.2-3 , pp. 240-260
    • Wittenberg-Moerman, R.1
  • 83
    • 0000662187 scopus 로고    scopus 로고
    • Financial Markets and the Allocation of Capital
    • Wurgler, J. (2000), 'Financial Markets and the Allocation of Capital', Journal of Financial Economics, Vol. 58, pp. 187-214.
    • (2000) Journal of Financial Economics , vol.58 , pp. 187-214
    • Wurgler, J.1
  • 84
    • 38849108004 scopus 로고    scopus 로고
    • The Contracting Benefits of Accounting Conservatism to Lenders and Borrowers
    • Zhang, J. (2008), 'The Contracting Benefits of Accounting Conservatism to Lenders and Borrowers', Journal of Accounting and Economics, Vol. 45, pp. 27-54.
    • (2008) Journal of Accounting and Economics , vol.45 , pp. 27-54
    • Zhang, J.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.